Torrent Pharma announced that it is set to acquire a controlling stake in J. B. Chemicals & Pharmaceuticals. The company received approval from the Competition Commission, South Africa, for the transaction on September 22, 2025. This acquisition will allow Torrent Pharma to strengthen its position in the pharmaceutical sector. The initial media release for this deal was dated June 29, 2025.
Acquisition of Controlling Stake
Torrent Pharma is moving forward with its plan to acquire a controlling stake in J. B. Chemicals & Pharmaceuticals. The company has now received key regulatory approval for this significant transaction. The initial announcement regarding this acquisition was made on June 29, 2025.
Regulatory Approval Received
On September 22, 2025, the Competition Commission of South Africa officially granted its approval for the proposed acquisition. This marks a crucial step forward in the process, paving the way for Torrent Pharma to finalize the deal. The stock exchange intimation regarding this matter was dated July 3, 2025.
Source: BSE
